Steps

Chesapeake Energy Corp. transferred nearly 1,100 oil and natural gas leases in and around an underground natural gas storage field in Columbiana County, OH, to Hilcorp Energy Co. in February.

Idaho regulators have taken steps to make sure local MDU Resources Group utility Intermountain Gas Co.’s current projected surplus of liquefied natural gas (LNG) that is sold to nonutility customers includes benefits for the retail regulated gas utility customers.

The Department of Interior’s Bureau of Safety and Environmental Enforcement was “taking steps” Thursday to identify the source of a “light sheen” sighted in the central Gulf of Mexico (GOM) said to be about 10 square-miles-long. The sheen was reportedly spotted near the Mars and Ursa deepwater production units, both operated by Royal Dutch Shell plc.

Natural gas development is a key component of Mississippi’s energy strategy, according to Gov. Phil Bryant, who on Wednesday said he has taken steps to encourage the use of natural gas vehicles (NGV) in the state. Meanwhile, more alternative fuel stations are going up around the nation and Cummins said it has developed a heavy duty, spark-ignited natural gas engine to meet “on-highway applications.”

Natural gas development is a key component of Mississippi’s energy strategy, according to Gov. Phil Bryant, who on Wednesday said he has taken steps to encourage the use of natural gas vehicles (NGV) in the state.

An environmental group is suing Pennsylvania Gov. Tom Corbett, claiming that his administration is misusing revenue from Marcellus Shale development on state lands. Although Corbett is being sued, most of the actions cited in the litigation first were undertaken by his predecessor Ed Rendell.

The Commodity Futures Trading Commission (CFTC) is taking steps to review high-frequency trading (HFT) in the futures, swaps and options markets three months after the collapse of MF Global Holdings Ltd., which took with it an estimated $1.2 billion in customer funds (see NGI, Nov. 17, 2011).

The Commodity Futures Trading Commission (CFTC) is taking steps to review high-frequency trading (HFT) in the futures, swaps and options markets three months after the collapse of MF Global Holdings Ltd., which took with it an estimated $1.2 billion in customer funds.

Plains All American Pipeline LP (PAA) last week took several steps to expand its North American oil and natural gas operations with the biggest an agreement to buy BP plc’s Canadian natural gas liquids (NGL) and liquefied petroleum gas (LPG) business.